Common use of Increase in Base Salary Clause in Contracts

Increase in Base Salary. 4.2 The Company will review the Base Salary payable to the Executive from time to time during the Initial Term and during the continuance of this Agreement and may, in its sole and absolute discretion, increase the Base Salary depending on the Executive’s performance of the Services and having regard to the financial circumstances of the Company.

Appears in 12 contracts

Samples: Executive Services Agreement (Vision Marine Technologies Inc.), Executive Services Agreement (Vision Marine Technologies Inc.), Executive Services Agreement (Electrameccanica Vehicles Corp.)

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Increase in Base Salary. 4.2 The Company will review review, at least annually, the Base Salary plus the CEO Top Up payable to the Executive from time to time during the Initial Term and during the continuance of this Agreement and Agreement. The Company may, in its sole and absolute discretion, increase (but not decrease) the Base Salary depending on the Executive’s performance of the Services and having due regard to the financial circumstances of the Company.

Appears in 2 contracts

Samples: Executive Employment Agreement (Adven Inc.), Executive Employment Agreement (Adven Inc.)

Increase in Base Salary. 4.2 The Company will review review, at least annually, the Base Salary payable to the Executive from time to time during the Initial Term and during the continuance of this Agreement and Agreement. The Company may, in its sole and absolute discretion, increase (but not decrease) the Base Salary depending on the Executive’s performance of the Services and having due regard to the financial circumstances of the Company. NANO INNOVATIONS INC.

Appears in 1 contract

Samples: Executive Employment Agreement (Adven Inc.)

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Increase in Base Salary. 4.2 The Company will review review, at least annually, the Base Salary payable to the Executive from time to time during the Initial Term and during the continuance of this Agreement and Agreement. The Company may, in its sole and absolute discretion, increase (but not decrease) the Base Salary depending on the Executive’s performance of the Services and having due regard to the financial circumstances of the Company. EXECUTIVE EMPLOYMENT AGREEMENT NANO INNOVATIONS INC.

Appears in 1 contract

Samples: Executive Employment Agreement (Adven Inc.)

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